Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
September 18, 2014
arrowPress Releases
September 18, 2014
PR Newswire
View All





If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Majesco saved from Nasdaq delisting -- for now
Majesco saved from Nasdaq delisting -- for now
August 30, 2013 | By Mike Rose

August 30, 2013 | By Mike Rose
Comments
    Post A Comment
More: Console/PC, Business/Marketing



Newsbrief: Zumba Fitness publisher Majesco needed to regain compliance with the Nasdaq market by this week at the latest, if it wanted its stock to stay listed. The company didn't manage to do so -- however, it has been provided with an additional 180 days to comply.

Majesco's stock has been trading at a bid price of less than $1.00 for quite a while now, and as such the Nasdaq previously informed the company that it must boost its share price back over the $1.00 mark.

Yesterday was the deadline for doing so, and as of now, the company's share price sits at around $0.65. However, the Nasdaq said today that it has provided Majesco with a grace period, up until February 24, 2014, to boost its price. Gamasutra has contacted Majesco for comment.


Related Jobs

Vicarious Visions / Activision
Vicarious Visions / Activision — Albany, New York, United States
[09.18.14]

Character Artist-Vicarious Visions
Cloud Imperium Games
Cloud Imperium Games — Austin, Texas, United States
[09.17.14]

Lead Network Engineer
Cloud Imperium Games
Cloud Imperium Games — Santa Monica, California, United States
[09.17.14]

Animation Programmer
Cloud Imperium Games
Cloud Imperium Games — SANTA MONICA, California, United States
[09.17.14]

Art Director










Comments



none
 
Comment: